Dawn Barrier eXp Realty Vegas's Blog – September 2009 Archive (1)

What does "Short Sale" mean and why does it take so long to process?

QUESTION: I see many listings online that state "Short Sale, please allow 3-5 months to process.

" What does "Short Sale" mean and why does it take so long to process?



ANSWER: I am ask this question here in Las Vegas almost on a daily basis, especially now since "Short Sales" seem to be dominating the market.



The term "Short Sale" occurs when you "owe" more on your home than what it could sell for and you need your lender approval to sell the home. "Short" meaning the… Continue

Added by Dawn Barrier eXp Realty Vegas on September 25, 2009 at 10:13am — No Comments

Members

© 2024   Created by Short Sale Superstars LLC.   Powered by

Badges  |  Report an Issue  |  Terms of Service

********************************** like buttons ************************